Mark, my memory is a little sketchy now as well, but when you fall from $5 to <.01, there are big percentage moves all the way down. E.G., .15 to .10 is a bigger percentage move than from $5 to $3.
Haven't been following Naxos very closely for some time but I saw a reference to chaos at Naxos on another thread so thought I'd pop in for a visit.
Unfortunately, the situation here appears to be at least as ridiculous as at any of the other dirts. What a group! DELGF, $30?+ to 0. IPMCF, $14+ to <.01. GPGI, $4+ to .33. Maxam, $3+ to .15. CHIP, $2+ to .08. Naxos, $10+ to .50.
Oh well, they've made a lot of money for the shorts. |
